- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Current Mortgage Rates
Posted on 7/9/20 at 7:26 pm to 337tigergirl
Posted on 7/9/20 at 7:26 pm to 337tigergirl
What’s chance of getting approval for conventional with a late payment 14 months ago on mortgage? I’ve been reading you have to go 12 months with no hiccups. Any feedback would be helpful from lenders.
1
Posted on 7/9/20 at 7:30 pm to Aug1
quote:
would like to know who you guys are using for these rates. I called everywhere in Birmingham and a 3.4% was lowest that I was quoted for a fixed 30yr refi LTV 68%. 800+ credit score. Are you guys buying points?
F&M Mortgage in Brentwood, TN. I did not buy points.
Posted on 7/10/20 at 10:30 am to Catchfalaya
quote:
What’s chance of getting approval for conventional with a late payment 14 months ago on mortgage? I’ve been reading you have to go 12 months with no hiccups. Any feedback would be helpful from lenders.
DU will approve you on a purchase. No cash out
Posted on 7/10/20 at 11:18 am to DawgCountry
Lender is in IL
Posted on 7/11/20 at 12:07 am to hawkeye007
I just locked in 2.75/30yr, no points, refinance.
Posted on 7/11/20 at 12:50 am to touchdownjeebus
quote:
I just locked in 2.75/30yr, no points, refinance.
I paid points to get a 10.25 30yr.
IM OLD!
Posted on 7/11/20 at 7:17 am to touchdownjeebus
Same here.
Posted on 7/15/20 at 2:26 pm to OTIS2
Just locked in a 2.75 jumbo Va refi 30 year no points 
Posted on 7/15/20 at 2:43 pm to C
quote:
Just locked in a 2.75 jumbo Va refi 30 year no points
I thought the VA loans inherently produced higher closing costs because of the funding fee that isn't present in other loans.
Posted on 7/15/20 at 2:51 pm to RedHawk
Yes have to pay .5% for va funding fee
Posted on 7/15/20 at 4:45 pm to NOLAGT
quote:
I was happy with my 3.0 for 30 rate not you guys are getting 2.8s.
I’m still happy. Just down to like 90% happy
shite, I refi'd at 3.25% for a 20 yr about 2 months or so ago. I come back to this thread and I'm sick to my stomach
Posted on 7/15/20 at 6:59 pm to touchdownjeebus
“I just locked in 2.75/30yr, no points, refinance.”
Which Lender?
Which Lender?
Posted on 7/15/20 at 8:08 pm to Lickitty Split
2.875 over 30 with Gulf Coast Trust. Negotiated the finance fee for swapping our business checking to them.
Got the same rate on my other home in Nola and MILs
Got the same rate on my other home in Nola and MILs
Posted on 7/15/20 at 9:42 pm to Im4datigers
quote:
“I just locked in 2.75/30yr, no points, refinance.”
Red River Bank has it
Posted on 7/16/20 at 1:33 pm to pwejr88
Best I'm seeing right now is 3% for 30 years with no closing costs. Anyone seen anything better with no closing costs?
This is with Texas Trust Loans. I'm already at 3.25 so I'm not doing anything with any closing costs.
This is with Texas Trust Loans. I'm already at 3.25 so I'm not doing anything with any closing costs.
Posted on 7/16/20 at 2:14 pm to ulsaint
if you are at 3.25% your wasting your time.
Posted on 7/16/20 at 2:19 pm to hawkeye007
quote:
you are at 3.25% your wasting your time
Payback on reducing to 2.75 is likely less than 2 years. Not sure why it would be viewed as a waste of time
This post was edited on 7/16/20 at 2:19 pm
Posted on 7/16/20 at 2:33 pm to C
Yeah, I don't get that either. I've refinance twice this year with a total out of pocket of about $800. The break even was a few months.
The only hesitation I have right now is just the pain in the arse of all the paperwork.
The only hesitation I have right now is just the pain in the arse of all the paperwork.
Posted on 7/16/20 at 2:39 pm to C
its the no cost part. to get to 0 dollars in closing cost your never going to get the best rate. the rate has to cover the closing cost. someone has to pay the title company fees so raising the rate to cover all the cost in a loan for your scenerio makes it hard to get a super low rate worth your time. sorry didnt mean to come off dickish
Posted on 7/16/20 at 2:40 pm to ulsaint
that's out of pocket expense how much did you add to your loan amount each time you refinanced?
Page 23 of 52
Back to top
Follow TigerDroppings for LSU Football News